Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions With Total Consolidated Assets of $10 Billion or More; Extension of Comment Period, 84089 [2023-26510]

Download as PDF Federal Register / Vol. 88, No. 231 / Monday, December 4, 2023 / Proposed Rules document marked ‘‘confidential’’ including all the information believed to be confidential, and one copy of the document marked ‘‘non-confidential’’ with the information believed to be confidential deleted. Submit these documents via email at FEOCnotice@ hq.doe.gov. DOE will make its own determination about the confidential status of the information and treat it according to its determination. G. Approval of the Office of the Secretary The Secretary of Energy has approved publication of this Notification of proposed interpretive rule; request for comments. Signing Authority This document of the Department of Energy was signed on November 28, 2023, by Giulia Siccardo, Director, Office of Manufacturing and Energy Supply Chains, pursuant to delegated authority from the Secretary of Energy. That document with the original signature and date is maintained by DOE. For administrative purposes only, and in compliance with requirements of the Office of the Federal Register, the undersigned DOE Federal Register Liaison Officer has been authorized to sign and submit the document in electronic format for publication, as an official document of the Department of Energy. This administrative process in no way alters the legal effect of this document upon publication in the Federal Register. Signed in Washington, DC, on November 28, 2023. Treena V. Garrett, Federal Register Liaison Officer, U.S. Department of Energy. [FR Doc. 2023–26479 Filed 12–1–23; 8:45 am] BILLING CODE 6450–01–P FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 364 ddrumheller on DSK120RN23PROD with PROPOSALS1 RIN 3064–AF94 Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions With Total Consolidated Assets of $10 Billion or More; Extension of Comment Period Federal Deposit Insurance Corporation. ACTION: Notice of proposed rulemaking and issuance of guidelines; extension of comment period. AGENCY: VerDate Sep<11>2014 16:03 Dec 01, 2023 Jkt 262001 On October 11, 2023, the Federal Deposit Insurance Corporation (FDIC) published in the Federal Register a proposal to issue Guidelines to FDIC’s standards for safety and soundness regulations and make conforming amendments to its regulations. These Guidelines would apply to all insured state nonmember banks, state-licensed insured branches of foreign banks, and insured state savings associations that are subject to Section 39 of the Federal Deposit Insurance Act (FDI Act), with total consolidated assets of $10 billion or more on or after the effective date of the final Guidelines. The FDIC has determined that an extension of the comment period until February 9, 2024, is appropriate. DATES: Comments must be received by February 9, 2024. ADDRESSES: The FDIC encourages interested parties to submit written comments. Please include your name, affiliation, address, email address, and telephone number(s) in your comment. You may submit comments to the FDIC, identified by RIN 3064–AF94, by any of the following methods: Agency Website: https:// www.fdic.gov/resources/regulations/ federal-register-publications. Follow instructions for submitting comments on the FDIC’s website. Mail: James P. Sheesley, Assistant Executive Secretary, Attention: Comments/Legal OES (RIN 3064–AF94), Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. Hand Delivered/Courier: Comments may be hand-delivered to the guard station at the rear of the 550 17th Street NW building (located on F Street NW) on business days between 7 a.m. and 5 p.m. Email: comments@FDIC.gov. Include RIN 3064–AF94 in the subject line of the message. Public Inspection: Comments received, including any personal information provided, may be posted without change to https://www.fdic.gov/ resources/regulations/federalregisterpublications/. Commenters should submit only information that the commenter wishes to make available publicly. The FDIC may review, redact, or refrain from posting all or any portion of any comment that it may deem to be inappropriate for publication, such as irrelevant or obscene material. The FDIC may post only a single representative example of identical or substantially identical comments, and in such cases will generally identify the number of identical or substantially identical SUMMARY: PO 00000 Frm 00015 Fmt 4702 Sfmt 9990 84089 comments represented by the posted example. All comments that have been redacted, as well as those that have not been posted, that contain comments on the merits of this notice will be retained in the public comment file and will be considered as required under all applicable laws. All comments may be accessible under the Freedom of Information Act. FOR FURTHER INFORMATION CONTACT: Division of Risk Management Supervision: Judy E. Gross, Senior Policy Analyst, (202) 898–7047, JuGross@FDIC.gov; Legal Division: Jennifer M. Jones, Counsel, (202) 898– 6768; Catherine Topping, Counsel, (202) 898–3975; Nicholas A. Simons, Senior Attorney, (202) 898–6785; Kimberly Yeh, Senior Attorney, (202) 898–6514. On October 11, 2023, the FDIC published in the Federal Register a proposal to issue Guidelines as Appendix C to FDIC’s standards for safety and soundness regulations in part 364 and make conforming amendments to parts 308 and 364 of its regulations.1 These Guidelines would apply to all insured state nonmember banks, state-licensed insured branches of foreign banks, and insured state savings associations that are subject to section 39 of the FDI Act with total consolidated assets of $10 billion or more on or after the effective date of the final Guidelines. The Guidelines are intended to set the FDIC’s expectations for covered institutions regarding corporate governance, risk management, and oversight by the board of directors. The notice of proposed rulemaking stated that the comment period would close on December 11, 2023. The FDIC has received requests to extend the comment period. An extension of the comment period will provide additional opportunity for the public to consider the proposal and prepare comments, including to address the questions posed by the FDIC. Therefore, the FDIC is extending the end of the comment period for the proposal from December 11, 2023, to February 9, 2024. SUPPLEMENTARY INFORMATION: Federal Deposit Insurance Corporation. Dated at Washington, DC, on November 28, 2023. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2023–26510 Filed 12–1–23; 8:45 am] BILLING CODE 6714–01–P 1 88 E:\FR\FM\04DEP1.SGM FR 70391 (Oct. 11, 2023). 04DEP1

Agencies

[Federal Register Volume 88, Number 231 (Monday, December 4, 2023)]
[Proposed Rules]
[Page 84089]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26510]


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FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 364

RIN 3064-AF94


Guidelines Establishing Standards for Corporate Governance and 
Risk Management for Covered Institutions With Total Consolidated Assets 
of $10 Billion or More; Extension of Comment Period

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of proposed rulemaking and issuance of guidelines; 
extension of comment period.

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SUMMARY: On October 11, 2023, the Federal Deposit Insurance Corporation 
(FDIC) published in the Federal Register a proposal to issue Guidelines 
to FDIC's standards for safety and soundness regulations and make 
conforming amendments to its regulations. These Guidelines would apply 
to all insured state nonmember banks, state-licensed insured branches 
of foreign banks, and insured state savings associations that are 
subject to Section 39 of the Federal Deposit Insurance Act (FDI Act), 
with total consolidated assets of $10 billion or more on or after the 
effective date of the final Guidelines. The FDIC has determined that an 
extension of the comment period until February 9, 2024, is appropriate.

DATES: Comments must be received by February 9, 2024.

ADDRESSES: The FDIC encourages interested parties to submit written 
comments. Please include your name, affiliation, address, email 
address, and telephone number(s) in your comment. You may submit 
comments to the FDIC, identified by RIN 3064-AF94, by any of the 
following methods:
    Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications. Follow instructions for submitting comments on 
the FDIC's website.
    Mail: James P. Sheesley, Assistant Executive Secretary, Attention: 
Comments/Legal OES (RIN 3064-AF94), Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.
    Hand Delivered/Courier: Comments may be hand-delivered to the guard 
station at the rear of the 550 17th Street NW building (located on F 
Street NW) on business days between 7 a.m. and 5 p.m.
    Email: [email protected]. Include RIN 3064-AF94 in the subject line 
of the message.
    Public Inspection: Comments received, including any personal 
information provided, may be posted without change to https://www.fdic.gov/resources/regulations/federal-registerpublications/. 
Commenters should submit only information that the commenter wishes to 
make available publicly. The FDIC may review, redact, or refrain from 
posting all or any portion of any comment that it may deem to be 
inappropriate for publication, such as irrelevant or obscene material. 
The FDIC may post only a single representative example of identical or 
substantially identical comments, and in such cases will generally 
identify the number of identical or substantially identical comments 
represented by the posted example. All comments that have been 
redacted, as well as those that have not been posted, that contain 
comments on the merits of this notice will be retained in the public 
comment file and will be considered as required under all applicable 
laws. All comments may be accessible under the Freedom of Information 
Act.

FOR FURTHER INFORMATION CONTACT: Division of Risk Management 
Supervision: Judy E. Gross, Senior Policy Analyst, (202) 898-7047, 
[email protected]; Legal Division: Jennifer M. Jones, Counsel, (202) 
898-6768; Catherine Topping, Counsel, (202) 898-3975; Nicholas A. 
Simons, Senior Attorney, (202) 898-6785; Kimberly Yeh, Senior Attorney, 
(202) 898-6514.

SUPPLEMENTARY INFORMATION: On October 11, 2023, the FDIC published in 
the Federal Register a proposal to issue Guidelines as Appendix C to 
FDIC's standards for safety and soundness regulations in part 364 and 
make conforming amendments to parts 308 and 364 of its regulations.\1\ 
These Guidelines would apply to all insured state nonmember banks, 
state-licensed insured branches of foreign banks, and insured state 
savings associations that are subject to section 39 of the FDI Act with 
total consolidated assets of $10 billion or more on or after the 
effective date of the final Guidelines. The Guidelines are intended to 
set the FDIC's expectations for covered institutions regarding 
corporate governance, risk management, and oversight by the board of 
directors. The notice of proposed rulemaking stated that the comment 
period would close on December 11, 2023. The FDIC has received requests 
to extend the comment period. An extension of the comment period will 
provide additional opportunity for the public to consider the proposal 
and prepare comments, including to address the questions posed by the 
FDIC. Therefore, the FDIC is extending the end of the comment period 
for the proposal from December 11, 2023, to February 9, 2024.
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    \1\ 88 FR 70391 (Oct. 11, 2023).

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Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on November 28, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023-26510 Filed 12-1-23; 8:45 am]
BILLING CODE 6714-01-P
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